ENERPAC TOOL GROUP CORP — Director's Dealing 2004

Apr 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2004-04-02

Reporting Person: CROWTHER H RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-02	Common Stock	M	10400	$2.73	Acquired	10400	Direct
2004-04-02	Common Stock	S	10400	$40.1538	Disposed	0	Direct
2004-04-02	Common Stock	M	15600	$3.72	Acquired	15600	Direct
2004-04-02	Common Stock	S	7079	$40.1538	Disposed	8521	Direct
2004-04-02	Common Stock	S	4102	$40.00	Disposed	4419	Direct
2004-04-02	Common Stock	M	4981	$6.635	Acquired	9400	Direct
2004-04-02	Common Stock	M	15600	$6.51	Acquired	25000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-02	Director Stock Option (right to buy)	$2.73	M	10400	Acquired	2006-01-12	Class A Common Stock (10400)	Direct
2004-04-02	Director Stock Option (right to buy)	$3.72	M	15600	Acquired	2007-01-09	Class A Common Stock (15600)	Direct
2004-04-02	Director Stock Option (right to buy)	$6.350	M	4981	Acquired	2008-01-09	Class A Common Stock (4981)	Direct
2004-04-02	Director Stock Option (right to buy)	$6.51	M	15600	Acquired	2010-01-12	Class A Common Stock (15600)	Direct

Footnotes

F1: Pursuant to the Applied Power Inc. 1989 Outside Directors' Stock Option Plan which vests 11 months after date of grant.